Nigeria seeds N500m for software development
SOFTWARE| Nov. 12, 2012, 8:56 p.m.
By Kokumo Goodie, Lagos, Nigeria
The Federal Government of Nigeria has taken a bold step toward ensuring that the ICT sector contributes significantly to gross domestic product (GDP) of the nation.
The government said it has seeded N500 million as part of the USD15m Technology Venture Capital Fund required to grow the nation's local software sector through a software incubation programmes across the country.
Addressing a forum on software incubation in Lagos, the Minister of Communications Technology, Mrs. Omobola Johnson, said the N500m would be seeded through the Nigeria Information Technology Development Fund (NITDEF), stressing that the government seed fund would attract the remaining USD12 million from investors both locally and internationally.
She said it is part of efforts to grow the software sub-sector of the ICT industry and make it contribute substantially to to the GDP, adding that the pilot project will be established in Lagos and Calabar, the Cross River State capital.
Johnson said the e-Learning Centre would host the software incubation centre in Lagos while Tinapa Knowledge City would house the Cross River State Innovation centre.
Rather than being government-owned, the minister said the innovation centres would be 'government-inspired' or 'government- catalysed' but would eventually be run by a non profit organisation to be set up soon.
According to her, government would initially provide the enabling environment for the proper take off of the incubation centres and later step aside and allow the centres to have lives of their own.
Specifically, the minister said the software incubation programme would initially be government-funded with the aim of attracting more investors in the long run.
Johnson said Lagos and Calabar would serve as pilots, stating that the Lagos Innovation Centre would take off before the end of the year.
"We have chosen two different locations for test pilots. We will deliver Lagos by year end or early next year. Calabar will be delivered by end of the first quarter of 2013," the minister romised.
Ms. Helen Anatogu, programme manager in charge of the implementation of the software incubation programme, in a presentation, revealed that the Federal Government planned to have established six incubation software incubation centres by the end of 2015.
Some of the potential locations for other software incubation centres, according to the presentation, include Abeokuta, Enugu, Ife and Abuja which she said were chosen based on parameters like presence of large students and availability of tertiary institutions in the areas.
The focus of the software incubation programme and centres, according to her, include enterprise software development, linguistic software, custom programming, mobile software, business intelligence and gaming.
Essentially targeted at students, start-ups and software development companies, she disclosed that the programme would offer business and technological training, access to software development tools at no cost, use of facilities and computer resources for development purposes, mentoring, assistance with marketing and promotion, as well as access to finance.
According to her the models adopted were adapted from that of Egypt, India, US and Kenya.
MORE SOFTWARE NEWS
VMware introduces industry’s most comprehensive virtual desktop and application portfolioBuilding on AirWatch by VMware Mobility Momentum, VMware Horizon FLEX will further enable IT to embrace BYO and Macs in the enterprise with local virtual desktops. Read More
Microsoft to help boost Congo media tech capacitiesCongo-Brazzaville’s under-resourced and ill-equipped media is set to get a lifeline from global technology giant Microsoft to boost its technology capacities and position themselves for the race of the digital revolution. Read More
VMware enhances vCloud Director for service provider partnersNew features enable vCloud Air Network service providers to build hybrid clouds for easy consumption in minutes. Read More
Lynx Optics gets a clearer view of its business with Sage 300 ERPLynx Optics – a specialist distributor of optical gear such as binoculars, riflescopes and night vision equipment – has implemented Sage 300 ERP (formerly known as Sage ERP Accpac) to streamline its workflow and gain deeper insight into business performance. Read More
VMware announces VMware Workstation 11 and VMware Player 7 ProVMware Workstation 11 marks 15 years of innovation with Windows 10 Tech Preview readiness, state of the art performance and cloud connectivity. Read More
10 steps to application transformationWhatever reasons an organisation may have for employing application transformation, one of the most critical parts of any such initiative is successful data migration, says MIP Holdings. Read More
Choosing the right Microsoft Office product for your business needsChoosing the right version of Office to meet the needs of your business, and your budget, can be a challenging task, says Drive Control Corporation. Read More
Kenya’s ICT Authority partners SAP for youth ICT trainingThe Kenyan ICT Authority has partnered SAP for the second year to train at least 100 young Kenyans with high-end ICT skills to the value of approximately US$6,000 per student. Read More
Change business with operational analyticsAs Big Data analytics moves beyond a buzz word in marketing circles, global enterprises are now also starting to see the potential value of turning analytics inward, to improve their own operations, says Ayanda Dlamini, Business Development Manager at LGR. Read More
VMware announces general availability of new solutions for building, managing and protecting softwarVMware has announced the general availability of VMware NSX 6.1, VMware vCenter Site Recovery Manager 5.8, VMware vCloud Suite 5.8, VMware vRealize Operations Insight, VMware vRealize Suite 6, and VMware vSphere Data Protection Advanced 5.8. Read More
FEATURED STORYGrowing African focus on data security
Beachhead Solutions’ new SA and Mauritius country manager explains the challenges and solutions around securing customer data and compliance with new personal information legislation.
BEST READ NEWS
IN DEPTHAfrica lags on digital migration
Only three African countries have so far completed the digital migration process, and serious issues are hampering the migration in other nations.
COMPANY NEWSCNN, MultiChoice name top African Journalist 2014
Kenyan journalist Joseph Mathenge has been awarded the top prize at this year’s CNN MultiChoice African Journalist 2014 Awards Ceremony.